U.S. Dollar Value Drop Causes Excellent Demand For Gold

GOLD

A drop in the value of the U.S. Dollar and interest rates moving lower caused excellent demand for Gold today. Gold reached a low of $1,783 and then bounced back to the $1,800 per ounce level on good demand. At 11am PT today, Gold is up $6 per ounce, trading at $1,801 on good volume.

SILVER

After a brief test of support, Silver is finding excellent demand above the key $24 per ounce level today. Premiums on the many popular Silver investment coins continues to be strong. At 11am PT today, Silver is trading at $24.25 per ounce, up $0.11 on solid volume.